Monday, September 6, 2021

Bought more Kazatomprom

Uranium is starting to be squeezed with with Sprott's Physical Uranium Trust buying on the open market.  This may be the even that kick starts the long-awaited Uranium rally:

Bought 340 GDRs at USD 32.69 this afternoon, it now totals 3% of my portfolio.

Short term this is risky, I'm buying something thats overbought after WSB has pumped it.  But longer term
Kazatomprom pays a 4% dividend while I wait for the action, and can go up 3X if U308 hits $100.  Good bull markets don't give you a chance to get onboard.